sari

Crypto will be a core part of every creator’s business. Kinda like how tech products rely on AI to remain competitive today.

My main point is: I think where things will get interesting is when ownership of an NFT unlocks abilities besides just recognition or resale value to the owner. Of course, recognition and resale value will always be part of owning an NFT, but I don't think it's the full picture.

Another example: Ben Thompson, creator of the Stratechery newsletter

BUYERS of NFTs may be blind to the fact that there’s no limit on the supply. In the case of baseball cards, there are only so many rookies a year. In the case of art, there’s a limited number of famous paintings and a limited amount of shelf space at Sotheby’s. NFTs are going to be more like Kindle books and YouTube videos. The vast majority are go... See more

But what’s unique about NFTs—and where they differ from tulips and Beanie Babies—is that NFTs are a type of cryptographic token. NFTs use blockchain technology to denote digital ownership—of anything. NFTs aren’t a fad themselves; they may power a fad, but they aren’t the fad. They’re more akin to the technology behind Beanie Babies (the manufactur... See more

Think of it as a spectrum. Things we dump into private WhatsApp group chats, DMs, and cavalier Tweet threads are part of our chaos streams - a continuous flow of high noise / low signal ideas. On the other end we have highly performative and cultivated artefacts like published books that you prune and tend for years. Gardening sits in the middle. I... See more

In industry after industry, digital is gobbling up market share. In wine for example, US online sales gained over 20 points of share within two weeks of lockdown. What it took grocery in the UK 20 years to achieve, US wine did in 21 days. And fintechs offer many of the same benefits – speed, innovation and digital distribution.